Bookkeeping and Accounting by Lerner, Joel -- Read -- Imperial Library of Trantor

Index

Cover Page Schaum’S Outline of Bookkeeping and Accounting Copyright Page Contents Preface PART I The Bookkeeping Cycle

CHAPTER 1 Assets, Liabilities, and Capital

CHAPTER 2 Debits and Credits: The Double-Entry System

2.1 Introduction 2.2 The Account 2.3 Debits and Credits 2.4 The Ledger 2.5 The Chart of Accounts 2.6 The Trial Balance

CHAPTER 3 Journalizing and Posting Transactions

3.1 Introduction 3.2 The Journal 3.3 Journalizing 3.4 Posting

CHAPTER 4 Financial Statements

4.1 Introduction 4.2 Income Statement 4.3 Accrual Basis and Cash Basis of Accounting 4.4 Balance Sheet 4.5 Statement of Owner’s Equity 4.6 The Statement of Cash Flows 4.7 Financial Statement Summary 4.8 Classified Financial Statements

CHAPTER 5 Adjusting and Closing Procedures

5.1 Introduction: The Accrual Basis of Accounting 5.2 Adjusting Entries Covering Recorded Data 5.3 Adjusting Entries Covering Unrecorded Data 5.4 Closing Entries 5.5 Ruling Accounts 5.6 Post-Closing Trial Balance 5.7 Bookkeeping and Accounting Cycle Comprehensive Review Problem Examination I

CHAPTER 6 Computer Application: Peachtree Complete® Software Introduction

6.1 Introduction 6.2 Illustration 6.3 Conclusion

PART II Special Journals, Ledgers, and the Worksheet

7.1 Introduction 7.2 Sales Journal 7.3 Special Ledgers (Subsidiary Ledgers) 7.4 Sales Returns and Discounts 7.5 Types of Ledger Account Forms 7.6 Purchases as a Cost 7.7 Trade Discounts 7.8 Purchase Control 7.9 Purchase Invoices 7.10 Purchases Journal 7.11 Subsidiary Accounts Payable Ledger 7.12 Return of Merchandise 7.13 Purchase Discounts

CHAPTER 8 The Cash Journal

8.1 Introduction 8.2 Cash Receipts Journal 8.3 Cash Disbursements Journal 8.4 Combination Cash Journal Comprehensive Review Problem

CHAPTER 9 Summarizing and Reporting via the Worksheet

9.1 Introduction 9.2 Worksheet Procedures for a Service Business Examination II

PART III Merchandising

CHAPTER 10 The Merchandising Company

10.1 Introduction 10.2 Purchases 10.3 Adjusting Entry Procedures 10.4 Worksheet Procedures 10.5 Closing Entries 10.6 Financial Statement Treatment 10.7 Summary Comprehensive Review Problem

CHAPTER 11 Costing Merchandise Inventory

11.1 Introduction 11.2 Determining Inventory: Physical Count 11.3 Determining Inventory: Estimation

CHAPTER 12 Pricing Merchandise

12.1 Trade Discounts 12.2 Chain Discounts 12.3 Cash Discounts 12.4 Markup 12.5 Selling Price as a Basis: Computing Percent Markup 12.6 Cost as a Basis 12.7 Markdowns 12.8 Turnover—Ratios for Inventory 12.9 Number of Days’ Sales in Inventory Examination III

PART IV Specific Bookkeeping and Accounting Topics

CHAPTER 13 Negotiable Instruments

13.1 Introduction 13.2 Methods of Computing Interest 13.3 Accounting for Notes Payable and Notes Receivable 13.4 Discounting 13.5 Dishonored Notes Receivable 13.6 Recording Uncollectible Accounts 13.7 Computing Uncollectible Accounts 13.8 Recovery of Uncollectible Accounts

CHAPTER 14 Controlling Cash

14.1 Introduction 14.2 Controlling Cash Receipts 14.3 Controlling Cash Disbursements 14.4 Controlling Cash Balances 14.5 Bank Statements 14.6 Petty Cash

CHAPTER 15 Payroll

15.1 Gross Pay 15.2 Deductions from Gross Pay 15.3 The Payroll System 15.4 Recording the Payroll

CHAPTER 16 Property, Plant, and Equipment: Depreciation

16.1 Fixed Assets 16.2 Depreciation and Scrap Value 16.3 Depreciation Methods Examination IV

PART V Other Business Organizations

CHAPTER 17 The Partnership

17.1 Characteristics of the Partnership 17.2 Formation of the Partnership 17.3 Division of Net Income and Loss 17.4 Admission of a New Partner 17.5 Liquidation of a Partnership

CHAPTER 18 The Corporation

18.1 Characteristics of the Corporation 18.2 Corporate Terminology 18.3 Advantages of the Corporate Form 18.4 Disadvantages of the Corporate Form 18.5 Equity Accounting for the Corporation 18.6 Common Stock 18.7 Preferred Stock 18.8 Issue of Stock 18.9 Book Value 18.10 Earnings per Share 18.11 Bond Characteristics 18.12 Funding by Stock versus Funding by Bonds Examination V

APPENDIX Mathematics

A.1 Operations with Decimals A.2 Percentages A.3 Statistical Methods

Glossary of Bookkeeping and Accounting Terms Index Footnote

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